Euronext Raises 600 Million Euros Through Bond Issue
Euronext has successfully launched a three-year bond issue worth 600 million euros with a fixed interest rate.
Successful Bond Issue Details
Euronext carried out a bond issue amounting to 600 million euros with a three-year maturity and a fixed interest rate of 2.625% per annum. This operation was oversubscribed by more than five times, with the order book exceeding 3 billion euros, according to the statement. The bonds received an 'A-' rating from Standard & Poor's, which has rated Euronext N.V. 'A-' with a stable outlook since February 2025.
Purpose and Strategy Behind the Funds Raised
Euronext states that the raised funds will be used for general corporate purposes, in line with the group's strategy, including the refinancing of existing debt. The issuance demonstrates the strength of the group's credit profile and investor confidence in its strategy. The bonds will be issued through Euronext Securities Copenhagen and listed on Euronext Dublin, highlighting the integration of Euronext's European model.
Lead Managers and Euronext's Market Presence
Crédit Agricole CIB, ING, J.P. Morgan, and Société Générale served as lead managers for this transaction. Euronext, which operates market infrastructure across Europe, hosts over 1,700 listed issuers with a total market capitalization of 6.5 trillion euros across its regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway, and Portugal. This bond issue is part of a significant context for the group, which offers a wide range of financial products to a diverse and international clientele.
